>> black american -- everybody will come back? we will do another show? all right. we are out of time. all right. thank you all. give you a big hand. that's all the time we have left. thanks for being with us. let not your heart be troubled. the news continues, straight ahead. >> i think people forget that she was the first prime minister. >> margaret ended our first meeting by telling me, we must stand together. that's exactly what we have done. >> for those waiting with vacant breath for our favorite media with a u-turn, vionly one thing to say. you turn if you want to.

the lady's not for turning itch the real thing about margaret thatcher is that she didn't just lead our country. she saved our country. >> i stand before you tonight in my red starship evening gown [applause] >> freshly made up and my fair hair gently waved... the iron maiden of the western world! >> tonight, a special edition of "on the record." u.s. leaders paying tribute to the iron lady, former prime minister margaret thatcher. we will talk with former vice-president dick cheney. he says she was a rock star. margaret thatcher was the longest serving and only female prime minister in britain's history. today, she died at the age of 87, after suffering a stroke. here in the u.s., she was known

for her legendary partnership with president ronald reagan. we spoke with the former vice-president earlier tonight. mr. vice-president, nice to see you, sir. >> good to see you. >> today, the people of britain either loved her or loathed her, former prime minister marg rets thatcher. what do you remember? >> put me in the love camp. i had enormous respect and regard for prime minister thatcher. she was a lady, but a tremendous leader, too. i remember in the early days of desert storm, when we were first dealing with saddam's invasion of kuwait -- this was 20 years ago. the president sent me to saudi arabia to talk to king fahd and get permission to send troop through the desert of saudi arabia. i got his approval and called the president back at the oval office to get his authorization to deploy the force. margaret thatcher was there at the same time in the oval

office. and a couple of months later then, i was in london, i had found my way to moscow and i stopped by to pay my respects and it was an absolutely one of the most fascinating hours i ever spent. she kickedute all the staff and kept me in and tom king, my british counterpart and talked about what became of desert storm and how he dealt with that kind of a crisis, basing her experiences in the fauklands, 10 years before, 1982. >> the famous quote where she told president bush roam 41 not to go wobbly. >> that's not true. there was never any doubt about what the president was doing. he didn't need any bucking up. >> why was that so fascinating? spending that time with her? >> she was -- she had a -- a grasp of the situation that the kind of thing we were dealing with, trying to send thousands

of troops halfway around the world to deal with a very significant military problem. she had the problem and far smaller force and down all the way across the atlantic to take back the fauklands after argentina had invaded, problems of a public policy, relationships with military, especially public opinion, how do you marshal public opinion to support a democracy and effort in a significant military campaign, those kinds of discussions that we had that afternoon. but it was like sitting in a classroom with a professor, or an expert, you know, somebody who had really -- had had firsthand experience in doing that kind of thing. it was obviously also someone wowanted to see us succeed. a great friend and ally of the united states. as i say, it was one of the most interesting hours i spent, certainly in a runup to desert storm. >> the soviets i think tagged her the iron lady, which i think

is a description she much appreciated -- she liked that description. we on the outside who didn't know her had an impression of a real tough woman and the private side of a person is very different. what was she like in private? >> well, i don't think of it as tough. she was more elegant than that. she was -- without question, she was very decisive. she would make up her mind special she would act. you didn't want to get crossways with her. i would not have wanted to take on margaret thatcher in the house of parliament. that would have been a tough proposition. but she was always a lady also. i mean, i can remember, she came on the fifth anniversary of 9/11. we always had a special ceremony at the white house in those days. and she came downstairs we were on the ground floor there on the white house, there is a room next to the diplomatic reception radio rom, where they have the maps that fdr used in world war ii, framed on the wall.

i can remember standing there with lady thatcher, prime minister thatcher, looking at the maps and talking about d-day and what had transpired in world war ii. she was -- she conveyed this aura of... knowing what needed to be done and being willing to do it, no matter what the political cost. i think of what she did for example, for the british economy. i remember, she took over as prime minister after several years of labor government that was socialist in terms of its leanings. and the british economy was in tential shape. she turned it around, she privatized large parts of the economy that had been nationalized during the years in the opposition party in power. sometimes i think of her when i think of the task that is going to be ahead of us, after obama leaves office. i happen to think that barack

obama is taking nuts wrong direction. i think it's health care policies and so forth, nationalizing the health care system or something close to it, 16% of the economy that whoever replaces him will have some very difficult tasks ahead of him and the model that maggie thatcher established back in the 80s in britain is something we may want to look at. >> she seemed determined when she came in 1979 and changed things -- for it or against it -- for the brits and there was the minor strike that was quite a big deal in recent british history. i think people say she won the minors strike. >> right. >> to me, that is part of her legacy, to see how she dealt with labor. >> sure. she made -- major decisions... fundamental change in the direction of domestic policy, dealt with the international situation. britain was u.k. was very, very

significant player in those years, partly because of the relationship with ronald reagan, partly because of that period of time, the cold war was starting to wind down. so she was a rock, if you will, in terms of -- of how she delt dealt with -- she dealt with those domestic problems and marshaled support for fundamental change domestically and internationally. >> we always read about the relationship with former president ronald reagan and mrs. thatcher. was it as close as it appeared on the outside? >> that was my impression. i was never in a meeting with the to of them. i can remember later, when she came -- i was still vice-president -- she came to receive an award for the heritage society approximate they asked me to present it at that time. but she was then obviously sometime away from her time in politics and then had written a book and so forth. but she was a rock star.

she was somebody that everybody had enormous respect and admiration for. a lot of that was based on the way president reagan treated her. she was always welcome, obviously, in those years. the two of them, partly because of their philosophy about government's role in society, was very similar. they clearly hit it off. >> it's funny, i listen to the british reports reports and rany someone will say, we had a woman leader before the united states. the british are very proud of that. >> they should be. she was the longest serving prime minister in the 20th century. >> dealing with gorbachev, she said he was a man that she could do business with. what was her role in the fall of the soviet union? >> well, i think it was -- i think it was very significant. partly because she stood by president reagan and i always felt what he did, for example, with respect to what was called star war, the strategic defense

initiative, was a very important element in persuading the soviets that they could not keep up with modern american military capabilities, that that was partly what forced them ultimately to end the cold war, if you will. but she also -- i think there was respect between she and gorbachev, the kind of respect that developed eventually between reagan and gorbachev. they were... willing -- reagan and thatcher were willing to take advantage of the situation and -- and knew how to engage with the gorbachev ultimately. they were tough on the one hand, as ronald reagan clearly was when he went to berl and i know said, mr. gorbachev, tear down this wall. on the other hand, they were willing to deal with him -- trust but verify. >> on days like this, we try to celebrate people, we don't try to tear them apart. we will leave that the federal next day.

>> sure. >> i am criewrious, do you think she would want a do-over on the apartheid and how britain dealt with that? >> i don't know of any. she certainly never confided in me she wished she had done something different. but i wasn't that close. it was a professional relationship and i had the great, good fortune to be with her on a number of occasions. but she doesn't strike me as the kind who would want to do do-over, so to speak. she made the decisions, tough decisions. she was decisive and she carried them out. i think if you were spending all your time trying to figure out how you wished you had done something over, you wouldn't be able to deal with the next crisis. >> do you think she liked the job of prime minister? some did it out of duty? and some people feel theyor a mission for their country? >> i would put hir more in the mission category. i think she was involved, not

out of a sense of personal ambition. she broke all kinds of new ground as the first woman prime minister in great britain. but she had a deep belief and values and principles that she used to guide her development of policy, her process, her method of addressing difficult issues. she believed very strongly in strong national defense and acted on it in the fauklands. and in the private sector, free economy. i think she acted out of intention. >> she certainly turned the economic direction around t. went from a bigger government to a smaller government when she became prime minister. so she was very determined that way. >> right, right. >> nothing was going to stop her, i don't think. >> nobody did. >> no one did. that's right. no one did stop her. i am curious, in terms of the economy, how it's turned out for britain, i mean, obviously, you are a small government. but i am curious, what you think

would have happened in britain, had she not been the prime minister? >> well, i don't know. i thought for example, she was right about the euro. the reluctance to see britain get sucked in, if you will, to some of the policies that the advocates of one europe policy were attracted to. i thought she had -- she understood that what they were trying to do might well not work out. if you look at the situation today and the europe aps trying to manage their basic financial problems and especially deal with the states that are in considerable difficulty and what that might mean for the entire community, look back at the think thises she said and the view she expressed at the time, that strikes me that she was right more often than she was wrong. >> how do you think she would want to be remembered? >> well... i am sure as a patriot, as somebody who gave her all, if you will, for her nation. and that she was a cons quential

proem prime by anybody's standards. if i think back, her terms of the united states, have you to go back to winston churchill to find somebody with that degree of infection and relationship that the american people had for her and especially president reagan. >> the brits are going to honor her with the same level of funeral as they did for winston churchill and princess diana and queen mother. >> i think that's appropriate. i think she would love that. >> i think she probably would love t. mr. vice-president, nice to see you, sir. >> good it see you. >> trait ahead, former president reagan advisor pat buchanan calls prime minister thatcher, a kindred soul with president reagan. he is here next. and two more former president reagan advisers. how the reagan/thatcher team took on economics and the cold war.

>> in his lifetime, ronald reagan was such an invigorating presence, it was easy to forget the daunting task he set himself. he sought to mend the american wounded spirit, to restore the strength of a free world and to free the slaves from communism. more than two years ago, the people of bp made a commitment to the gulf. and every day since, we've worked hard to keep it.

today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned, so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundred-fifty thousand jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase.

mr. chairman, mr. president, ladies and gentlemen, i stand before you tonight in my red star chiffon evening gown, my face softly made up and my fair hair gently waved, the iron lady of the western world. >> tonight, u.s. leaders are reacting to the death of former british prime minister margaret thatcher. former defense secretary donald rumsfeld tweeting, margaret thatcher was known as the iron lady.

i can personally attest that i've never met a leader with more steel. rest in peace. the iron lady was a close friend and political ally of president ronald reagan, both sharing strong beliefs in free markets and in their opposition to the soviet union. pat buchanan joins us. nice to see you. >> good to see you. >> she loved that iron lady description. >> she sure did. and she was the iron lady and that's the name that was given to her by soviet journalists in 1978, i believe, when she made some hardline statement about the soviets. they want to control the world. she was right. >> you've described her also as a kindred soul with president reagan. in what way? >> in many ways. she was deeply rooted in her country, she had the views and values and beliefs of the middle class she came from. she was uncompromising about them. she genuinely believed that the free market and freedom for individuals would create really the good society. she detested socialism, probably even more than ronald reagan.

and she had an abhorrance of communism. ronald reagan was a man of middle america who brought those views and values and stood by them his whole career. he wasn't like a lot of these modern politicians. when a poll goes wrong, they are gone. >> we've been very good friends with the brits for a long time. i don't think of two leaders or two countries at the same time who were so close. >> the only two i can think of are winston churchill and fdr. but they had real tensions during world war ii. but i think you're exactly right. it brings up a quote that i recall that bismarck said in the 19th century. he said, the most important fact of the 20th century will be that the americans speak english. as kevin phillips used the term in his book about the cousins'

war, they are the cousins. we speak the same language. even though we had tremendous battles with them in the 19th century and the americans frankly did not like brits, they detested them almost more than anyone, in the 20th century, the fact we were together in world war i in the trempnches and together again in world war ii, i think that bond that has gone on and on and on since then -- and i think the brits are probably the people with whom americans feel closest. i know for me, if london is the foreign city i like to visit most. >> all right. it wasn't always absolutely perfect between the prime minister and the president. prime minister thatcher got a little might havffed with us ov invasion of grenada. >> she said, ronald, you might have given me notice. >> is that what she said to him? >> it was something of that nature. but she was very miffed. she was a british patriot. she was british through and

through. and this was part of the commonwealth. she was responsible for those islands. >> why didn't we give them notice? >> we couldn't. we had those 500 students up there in that medical school and reagan was scared to death we were going to have another hostage situation. and these murderers killed the marxist president. and he was afraid he would take those students hostage. he said, just go in, get it done and we'll explain it later. >> how did they patch it up? >> they had so much in common. that was -- was it 1983? and you had the persian and cruise missiles, she backed those. ronald reagan had backed her in the falklands war when some folks in the administration thought we should take a more neutral stand between the argentine and the brits. >> a lot of losses there, too, a lot of british losses, a lot of losses of the people of argentina there. >> yes, but that sort of made --

that made margaret thatcher in the mind of the british people, that victory, that decisive action made her much the way that the air controller made ronald reagan in the missile crisis. after the missile crisis, you saw jack kennedy who was this young president in a much, much different light. and the british people saw margaret thatcher that way. she was in office, i think, eight years after the falklands and she won three elections. >> pat, always nice to see you. thank you, sir. >> always a pleasure. coming up, she is world famous for being the iron lady but what was margaret thatcher like in private? you will hear from former secretary of state henry kissinger coming up. but first, a former reagan economic adviser says prime minister thatcher knew how to add numbers. what does he mean by that? that's next. >> what the honorable member is saying is he would rather the poor were poorer, provided the rich were less rich. [ male announcer ] this is joe woods' first day of work.

and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade.

over our secure network, verizon innovators are building a world of medical treatment data in the cloud. so doctors can make a more informed diagnosis from anywhere, in seconds rather than months. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. i worked a patrol unit for 17 years in the city of baltimore. when i first started experiencing the pain, it's hard to describe because you have a numbness but yet you have the pain like thousands of needles sticking in your foot.

it was progressively getting worse, and at that point, i knew i had to do something. when i went back to my health care professional, that's when she suggested the lyrica. once i started taking the lyrica, the pain started subsiding. [ male announcer ] it's known that diabetes damages nerves. lyrica is fda approved to treat diabetic nerve pain. lyrica is not for everyone. it may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or woening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters, changes in eye sight including blurry vision, muscle pain with fever, tired feeling, or skin sores from diabetes. common side effects are dizziness, sleepiness, weight gain, and swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who've had a drug or alcohol problem may be more likely to misuse lyrica. ask your doctor about lyrica today. it's specific treatment for diabetic nerve pain. to hear more of terry's story, visit lyrica.com.

tonight, tony blair praising his predecessor, margaret thatcher, saying her global impact was vast. you can see it in washington today. thatcher's economic principles echoed in modern conservative policies. art laugher was an economic adviser to president reagan. he joins us. >> how are you tonight? >> very well.

tell me, sir, when did you first meet margaret thatcher and what was your impression of her? >> the first time it was in 1977. she was a member of parliament. i was taken in to meet her in her office by brian redding. she came across a little bit bossy, a little bit tough. wasn't terribly pleasant. but later on i got to know her a lot better and she was just fantastic. >> what changed in your view? why did your opinion of her change? >> first place, she became prime minister as opposed to to a leader of the opposition and that's a huge difference. if you know in britain, the prime minister is like speaker of the house where you have effectively a unicameral government, one chamber, the house of lords isn't very important. she had total control. then she became less confrontational personally and tried to seek the rightens as. she was very dominant once a decision has been made. she didn't make political compromises easy at all because

she didn't need to. but she didn't want to do things to hurt the country to appease this or that group. she did what she thought was right at all times. she knew how to add up the numbers. >> let me ask you, when she took office, the economic scene she faced and then what did she do? >> she had the team there -- she add sir keith joseph, in charge of all the privatization of coal, oil, rail. she had jeffrey howe, chancellor of the ex--checker at that time. her first policy was a big tax bill. she cut taxes where they'd never been paid, personal income tax from way high up to only super high up and she raised the vat, a tax that could never be avoided. and it worked very badly for them. the stock market collapsed in britain. what really saved lady thatcher was the falkland war, which brought her in. she won the election. but after that, on economics, on taxes, she was great.

she got nigel lawson, he cut the highest tax rate down to 40% and you saw a boom in britain like you've never seen. she was phenomenal on deregulation. she was phenomenal on privatization. she was phenomenal on cutting government spending. when she privatized housing, she gave people a stake in the homes that they were living in. it was amazing what she did. >> it wasn't all smooth sailing. she left a lot of bad blood behind her and a lot of brits today who are not wild about her. what was it that caused those people to be so unhappy with her? >> especially in her own party. she was not thrown out by the labor government. she was thrown out by the conservatives, if you'll remember. it was terrible. there was a revolution internally. and frankly she stepped on a lot of toes inside. when there was an answer and it was done correctly, she wouldn't compromise. she wouldn't give favors to this person or that person. she did what she thought was right for britain. and the phrase she used, i see it on the news today, she didn't want to make the rich poorer and

the poor poorer. that just wasn't her idea. she knew if you tax people who work and pay people who don't work, you're going to get a lot more people not working. she was very clear on economics. and i thought she did a fantastic job. and i loved her dearly. she was a wonderful person, greta. she was a girl's girl. she was a very nice person. one time i was leaving, we had dinner and i was leaving, it was raining and i couldn't get a cab. and she burst out of her house and went, cab, cab! and the cab came up over the sidewalk and picked me up. it was amazing. just a really lovely person. >> art, thank you, sir. >> thank you, greta. coming up, prime minister thatcher's famous for declaring the west could do business with soviet leader mikhail gorbachev. how did that remark influence former president reagan. bub mcfarland is here to tell you. that's next. when he first met margaret thatcher, did he think she would thatcher, did he think she would ever become prime minister? everyone's retirement dream is different;

how we get there is not. we're americans. we work. we plan. ameriprise advisors can help you like they've helped millions of others. to help you retire your way, with confidence. ♪ that's what ameriprise financial does. that's what they can do with you. let's get to work. ameriprise financial. more within reach.

stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try.

by going low. tdd# 1-800-345-2550 like offering schwab etfs tdd# 1-800-345-2550 with the lowest operating expenses tdd# 1-800-345-2550 in their respective lipper categories -- tdd# 1-800-345-2550 lower than ishares tdd# 1-800-345-2550 and vanguard. tdd# 1-800-345-2550 and with all our etfs commission-free tdd# 1-800-345-2550 when traded online in a schwab account, tdd# 1-800-345-2550 it leaves our investors with more money to invest. tdd# 1-800-345-2550 something they've come to count on with us. tdd# 1-800-345-2550 so as investors continue to set their portfolio goals high, tdd# 1-800-345-2550 we help keep their costs of investing low. tdd# 1-800-345-2550 give us a call and open an account today. tdd# 1-800-345-2550 carefully consider prospectus information, including tdd# 1-800-345-2550 investment objectives, risks, charges, and expenses. tdd# 1-800-345-2550 request a prospectus by calling schwab at 800-435-4000. tdd# 1-800-345-2550 read it carefully before investing. tdd# 1-800-345-2550 fees and expenses apply. tdd# 1-800-345-2550 investing involves risks, including loss of principal. tdd# 1-800-345-2550

to tell real people about our new 15 under $15 menu! oh my goodness... oh my gosh, this looks amazing... [ male announcer ] 15 entrees under $15! it's o new maine stays! seafood, chicken, and more! h! the tilapia with roast vegables. i'actually looking at the od grilled chicken with portobello wine sauce. that pork chop was great. no more fast food friday's. we're going to go to red lobster... [ male announcer ] come try our new menu and sea food different. d introducing 7 lunch choices for just $7.99! salad, sandwiches and more. [ laughs ] whoo. ♪ oh. nice! great! [ laughs ] a shot like that calls for a postgame celebration. [ male announcer ] share what you love with who you love. kellogg's frosted flakes. they're gr-r-eat!

mr. gorbachev, tear down this wall. >> president reagan and british prime minister margaret thatcher, together they battled communism and in 1989 saw the berlin wall torn down. bob mcfarlane worked with prime minister thatcher throughout the cold war. there's a famous comment that people say margaret thatcher gave president reagan a handg handbaging. what was that all tonight? >> normally they got along. they did so many good things together. however, when president reagan launched the star wars

initiative without really giving any warning to the allies, prime minister thatcher believed that he was building a bubble over the united states that would separate us from europe and that it was costly, it wouldn't work. came to camp david in december of 1984 and just gave a withering criticism, quite penetrating, of why this was a great bad idea. the president rallied -- tried to do the best he could. but we papered over it, this was a cordial exchange. said, bud, why don't you go over to london after the christmas holiday and see if you can't get margaret to at least not be quite so local visibly. well, i hadn't gotten two paragraphs in my talking points before she held up her hand. and i got the same handbaging that the president had. and toward the end, i said,

prime minister, the president has authorized me to say that he believes as much as $300 million a year ought to be subcontracted to british firms. there was a long pause. and we left, parted and didn't see each other for about three or four months. and when we did in london, she said, could we have a word? meanwhile, there had been not one peep of criticism from her. and in the alcove in victoria and albert hall, she said, i'm beginning to think there may be something to this after all. but that was one of the very few times there was any disagreement at all between these two giants. and i have to say, greta, president reagan drew strength from prime minister thatcher. when any leader is launching something unorthodox or counter

to the conventional wisdom, at some level, they worry, what if this doesn't work? but in reagan's case, he had in prime minister thatcher a leader who was doing very hard things and providing the evidence that it was working against the trade unionists, against those who criticized rebuilding the defense of the british empire. but they were philosophically always on the same page, very, very warm in their personal relations. greta, today i look back on those years and there were four that stood out -- the pope, reagan, thatcher and gorbachev. and we're just not attracting that level of -- that quality of leadership, the ability to inspire anymore. >> normally gorbachev is still

living today. thank you so much for joining us. >> thank you. always a pleasure. former secretary of state henry kissinger was friends with prime minister thatcher. he knew the person behind the iron lady's public image. we spoke with secretary kissinger a short time ago. nice to see you, sir. >> nice to be on this program. >> dr. kissinger, i know you admired the former prime minister, margaret thatcher. i'm curious why. >> i have known margaret thatcher for nearly four decades. i met her when she was minister of education. and we stayed in contact for all the period in between, including her illness. i admired her because in a period of division and uncertainty in the western world, she came forward with strong convictions. she asserted that it was the task of a leader to take its

people from where they were to a future that she as a leader would help to define. she was a staunch ally of western values and of course of the united states. she had a special relationship with american presidents, especially president reagan. and she was a powerful leader and a warm human being. >> the soviet journalists gave her the nickname the iron lady, which i understand that she liked very much. i'm curious, in private, is that the way you would describe her? >> well, i would not want to be between margaret thatcher and some objective she thought important. she was a very strong person. in private, she had a very warm

and i would say feminine qual y quality. and she defended her views in private as she did in public. but there was also a sense of a caring human being -- understand, i never worked with her officially. i saw her periodically over this period. but relatively frequently. and the person that i saw over that period was a very warm and caring human being who had a very strong sense of obligation to the cause of freedom and free enterprise. >> you met her before she became prime minister.

i think you met her about 1975 or so the first time. >> i think a little bit before probably. >> if at that time i'd asked you, will this woman ever be prime minister of england, what would you have said? >> well, when i first met her, she wasn't even leader of the opposition. so i would not have thought that she would become prime minister of england. after i met her and after she became leader of the opposition, i thought she'd either become a spectacular prime minister or she might fail to click with the public. >> what about the falklands war? >> the falklands war, to her, it was an attack on british territory. and she was determined that she would not give up any british

territory to military -- what she considered military aggression. i had tea with her during the falkland war. and i had heard around london a lot of ideas about compromises and we were running a shuttle at the time. so i asked her what compromises she favored. and it turned out, the word for compromise was forbidden in her presence. and she said, it would not end except with the expulsion of the military forces on the falklands, argentine forces. and it was a necessary thing from her point of view to do. >> dr. kissinger, nice to see you. always nice to talk to you, sir. >> good to be with you.

straight ahead, north korea, iran, china, what would prime minister thatcher do? ambassador john boulden is her to talk about that next. plus, former first lady nancy reagan on her husband's unique partnership with margaret thatcher. that's coming up. >> where there is discord, may we bring harmony. where there is error, may we bring truth. where there is doubt, may we bring faith. and where there is despair, may we bring hope. [ engine sputters ] [ dennis ] allstate wants everyone to be protected on the road. whether you're an allstate customer or not. all you have to do is call. [ female announcer ] call and sign up for good hands roadside assistance today. [ dennis ] are you in good hands? for good hands roadside assistance today. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions,

your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do.

former british prime minister margaret thatcher was a longtime friend of ambassador john bolton. in 2005, she supported bolton's nomination as u.s. ambassador fo the u.n. saying, on the basis of our years of friendship, i know from experience the great qualities you will bring to the demanding post. thatcher continues, i cannot imagine anyone better fitted to undertake these tasks than you. ambassador bolton joins us. nice to see you. >> nice to be here. >> that letter was a surprise to you? >> it was. it was certainly unsolicited and showed that mrs. thatcher was not at all afraid to interfere in the internal politics of the united states. >> that was in a heated debate

when people were trying to keep you from assuming that post. >> yes. it didn't affect joe biden and john kerry. >> how did you know her? >> i met her as a junior official in the reagan and bush administrations. i got to know her better after the first bush administration, after she had left the office of prime minister. as she became very interested in debates in the european union about the future of the euro, the common currency, which she kept britain out of. she saw the risk to british currency in the sovereign euro and was wise in doing so. >> what do you think she'd think about the chaos going on around the world, iran, north korea and china? >> she was the first person to see in mikhail gorbachev the possibility there was a different kind of soviet leader, as he turned out to be. not willing to use force to keep eastern europe under control, not willing to use force to keep

the soviet union united. but she never harbored any illusions that we were suddenly going to be in a completely peaceful world. she couldn't have foreseen what we would have been involved in now. but she couldn't have doubted the forces for liberty in the west had to stand together against threats wherever they might come from. >> i'm struck by -- i talked to very successful men who have -- vice president dick cheney, secretary of state henry kissinger, yourself, bud mcfarlane and everybody has an enormous amount of respect for her. but everyone's saying she's tough. no one's complaining about her. >> obviously people have remarked she was the first female prime minister of great britain and the only one so far. we haven't had a female president. to me, the most important thing about her was where she came from. she was the daughter of a grocer, lived over the shop. she got a scholarship to oxford. she prevailed against all odds

in a party that was heavily class based. she overcame a lot. what was significant was she didn't look back and complain about it. she didn't talk about being a victim. when she was an undergraduate at oxford, women couldn't join the oxford union. but when she was prime minister, she came back and spoke at the oxford union which by then was admitting women, to show that she didn't bear them any ill will. i was just over there to speak to the oxford union in january and the student leader of it was a woman. >> all the men admire that i've spoken about her today, may have feared her a little bit -- a tad bit. >> her colleagues in the conservative party were not so admiring when she was there. they used to talk about being handbagged by her, which meant they got her opinion straight-on. >> ambassador, thank you, sir. nice to talk to you. >> thank you. coming

hey. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of dollars switching to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more.

well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five bucks." your accent needs a little work. it only matters that it shows up and makes things better. in that spirit, verizon is proud to announce the powerful answers award. 10 million dollars in prizes for the best ideas. ideas so big, they have the power to change everything. whether it's our inspiration, or yours, the world's biggest challenges deserve even bigger solutions. the powerful answers award from verizon. and you'll dump your old duster. but don't worry, he'll find someone else.

♪ who's that lady? ♪ who's that lady? ♪ sexy lady, who's that lady? [ female announcer ] swiffer 360 dusters extender cleans high and low, with thick all around fibers that attract and lock up to two timesore dust than a feather duster. swiffer gives cleaning a whole new meaning. and now swiffer dusters refills are available with the fresh scent of gain. peoi go to angie's listt for to gauge whether or not and now swiffer dusters refills are available the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. join today and find out why over 1 million members count on angie's list. angie's list -- reviews you can trust.

omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro.

the great angloamerican alliance has been the greatest alliance we've ever known in the defense of freedom. >> tonight, margaret thatcher, being remembered as a leader and a lady. former first lady nancy reagan issuing a statement saying this part, it is well known that my husband and lady thatcher enjoyed a very special relationship. as leaders of their respective countries during one of the most difficult and pivotal periods in modern history, ronnie and margaret were political soulmates, committed to freedom and resolved to end communism. as prime minister, margaret had the clear vision and strong determination to stand up for her beliefs at a time when so many were afraid to rock the boat. as a result, she helped to bring about the collapse of the soviet union and the liberation of millions of people. when president rag opinion died in 2004, prime minister thatcher paid respects at the u.s.

capitol and gave the eulogy at president reagan's funeral. and today, george h.w. bush said about margaret thatcher, margaret was, to be sure, one of the 20th century's fiercest advocates. a leader of rare character who carried high the banner of her convictions and whose princeles in the end helped the free world. and democratic congressional candidate elizabeth colbert-bush saying, when i talk to younger women about their careers, i point to market thatcher as a role model. she's a tough consensus builder who cared about everybody and put her country's fiscal house in order. in short, margaret is a stateswoman and an example for all of us. former prime minister thatcher will receive a ceremonial funeral with military honors. thank you for being with us tonight. well see you all again tomorrow night.